Search Options
Home Publication Explainers Statistics Payments Career Monetary Policy
Suggestions
Sort by
Níl an t-ábhar seo ar fáil i nGaeilge.

Julian Wright

30 December 2009
WORKING PAPER SERIES - No. 1138
Details
Abstract
We build a model of credit card pricing that explicitly takes into account credit functionality. We show that a monopoly card network always selects an interchange fee that exceeds the level that maximizes consumer surplus. If regulators only care about consumer surplus, a conservative regulatory approach is to cap interchange fees based on retailers
JEL Code
E42 : Macroeconomics and Monetary Economics→Money and Interest Rates→Monetary Systems, Standards, Regimes, Government and the Monetary System, Payment Systems
Network
Retail payments: integration & innovation

Úsáideann ár suíomh gréasáin fianáin

Bainimid úsáid as fianáin fheidhmiúla chun roghanna úsáideora a stóráil; fianáin tríú páirtí arna socrú ag seirbhísí tríú páirtí atá comhtháite sa suíomh gréasáin. Tá sé de rogha agat glacadh leo nó iad a dhiúltú. Le haghaidh tuilleadh faisnéise nó chun athbhreithniú a dhéanamh ar do rogha maidir leis na fianáin agus na logaí freastalaí a úsáidimid, iarraimid ort an méid seo a leanas a dhéanamh: